OP3portunities Newsletter

CFNOVA Permanent Fund

Recognizing the unique needs in Fairfax and because of its unique position to support and sustain the community, the Community Foundation for Northern Virginia (CFNOVA) has stepped up to the plate to launch an aggressive two-year campaign to grow its “Permanent Fund for Northern Virginia” by 70% to $7.0M. This increased fund will create a self-sustaining, endowed way to reinvent the Northern Virginia community and help shape the region’s future.

Northern Virginia consistently ranks nationally as one of the most desirable places to live, work and play. However, with more than 409,000 of our residents living at or below 200% of the Federal Poverty Level, it is apparent that philanthropic investments must be made to maintain and improve the vibrancy of the community-at-large.

Growing the Permanent Fund requires a concerted giving effort from businesses and individuals in the community. While there is no single formula for creating and sustaining a state of success, this endowment, will ultimately go a long way.

Donors and supporters are needed! Anyone with a stake in the continued well-being and growth of the Northern Virginia region can pay it forward and make an investment in the future by being a Permanent Fund donor.

 

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Forceful Facts

Companies that Care

Ways to Give

TESTIMONIAL
Brandon H. Elledge, Holland & Knight


My wife Amy and I decided to support the Permanent Fund last year, and frankly it was an easy decision to make.  This was our way to - in the words of the Community Foundation - "give like it matters."  The Community Foundation, with its knowledge, trust, and networks developed over 40 years of effective philanthropy in the region, can use our and the other continuing donations to the Permanent Fund to help transform these gifts into a meaningful impact on
peoples' lives throughout Northern Virginia.  To make a difference in the area we call home is very meaningful to us.
  • More than 82,000 NOVA students qualify for free and reduced lunches.

  • In 2017, CFNOVA awarded more than $4.7M in grants and scholarships & reports over $53M in philanthropic assets.

  • CFNOVA has 40+ years of making impact through financial support for programs supporting non-profits, innovators and entrepreneurs across our region and nationwide.

  • CFNOVA is part of a network of over 700 community foundations nationwide, each a tax-exempt, public charity made up of charitable giving funds established by individuals, families, corporations, and other organizations.

 

 

Many generous donors have committed to the Permanent Fund including many from CFNOVA’s Board of Directors:

Cindy K. Andreotti,
The Andreotti Group
 
John Chapel,
Whitehall Capital, LLC

Adrian P. Chapman,
WGL Holdings, Inc. and Washington Gas

Kevin P. DeSanto,
KippsDeSanto & Co.

Brandon Elledge, Holland & Knight

Ken Huntsman

Cheryl Janey, Morewood Partners

Paul Leslie,  Dovel Technologies, Inc.

Bernard Mustafa,
PVBS

Susan Nolan

Dean Peterson,
Andersen Tax
  
Steven A. Reeder,
Access National Bank

Catherine Schott Murray,
Odin, Feldman & Pittleman, P.C.
  
Julie Simmons,
Human Capital Strategic Consulting
  
Donald Strehle,
Sterling Capital Management LLC
  
Sylvia von Bostel
  
Mitch Weintraub,
Cordia Partners
  
George Wilson,
ECS Federal, Inc.
  
Marc Wishkoff,
Chevy Chase Trust

John H. Wolff,
Bronfman E.L. Rothschild

 

 



 

Give Now: Ways to Donate

Online Donation

Other options: Cash or Cash Equivalents Noncash Assets Appreciated Securities New Named Fund New Named Fund + Planned Gift

IRA Designation
It's possible to use IRAs as a source of charitable gifting via "Beneficiary Designation." A beneficiary designation can gift retirement accounts like IRA's, 401(k)s or 403(b)s, savings accounts, checking accounts, mutual fund accounts, or life insurance policies.

Bequest A bequest is a gift from your estate. You can make a bequest by including language in your will or trust.

More info? Contact Eileen Ellsworth 703-879-7635

 

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Office of Public Private Partnerships

Visit our website at www.fairfaxcountypartnerships.org
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